Watch List notes:

Banco de Espana, 100 Pesetas, 1st May 1900, serial number B 000443, dark blue on green, Francisco de Quevedo at left, head of warrior at right, reverse, allegorical scene, (Pick 51a), issued in the old style - with counterfoils and physically cut when issued, in PMG holder, minor repairs, annotation, 45 Choice Extremely Fine, a bright and very appealing example of this locally printed issue.

Estimate: £1,000 - £1,200